Thursday, January 31, 2008

Charities should be getting the most out of tax system - Scotsman.com News

Charities should be getting the most out of tax system - Scotsman.com News: "IT IS generally assumed that charities operate in a rarefied taxation-free world. The truth however is somewhat starker. A number of tax exemptions for charities do indeed exist, but are restricted by a web of anti-avoidance provisions.
The pressure is today on charities to be more proactive and alleviate the mystery of tax mitigation to make themselves more attractive to donors. Nevertheless, tax-efficient giving is a complex business – even for the professional adviser."

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